$NOW – Bottoming Pattern Triggering Over 110ServiceNow, Inc.NYSE:NOWkunal00ServiceNow (NOW) is starting to carve out a clean bottoming pattern, and the 110 break is the inflection point that flips this from repair mode into breakout mode. 🔹 The Setup: Multiple days where every dip has been bought aggressively. Tight consolidation forming a small base. Break over 110 signals a potential base breakout from this bottoming structure. This is the kind of action you want to see when a stock transitions from distribution to accumulation. 🔹 Sector Confirmation: Software names are quietly leading again: WDAY HUBS TEAM When multiple names in the same group show relative strength, breakouts tend to stick. 🔹 My Trade Plan: 1️⃣ Entry: Added on the 110 break for a bottoming play. 2️⃣ Stop: At today’s low — tight, defined risk. 3️⃣ Management: If it holds and builds, I’ll look to size up on further structure. 🔹 Why I Like It: Clean level. Strong dip-buying behavior. Sector tailwinds. Tight risk with room to expand if momentum builds. This looks like early-stage accumulation — and that’s where the best R/R lives.